Lithium production expansion plans unable to ease spot prices

Plans to expand lithium production have been unable to ease lithium spot prices outside of China, while the Chinese market decelerates ahead of the Lunar New Year.

Global lithium spot prices* have been
unaffected by recent news of Sociedad de Quimica y Minera SA's
(SQM) ability to increase production by 2025, after being
highly discussed by lithium producers and consumers in past
weeks.